Bengaluru-based Digital trucking platform BlackBuck reported a 42% year-on-year rise in consolidated internet revenue to Rs 41.4 crore for the September quarter of FY27, up from Rs 29.2 crore a yr earlier, helped by progress in its tolling, telematics and freight companies and a a lot smaller tax invoice.

Income from operations rose about 56% to Rs 235.3 crore from Rs 151.1 crore in the identical quarter final yr, based on the corporate’s unaudited financial results filed with the inventory exchanges. In contrast with the June quarter, income grew about 15% from Rs 204.2 crore.

Whole revenue, which incorporates different revenue of Rs 17.8 crore, rose 51% to Rs 253.2 crore from Rs 167.2 crore.

Bills grew sooner than income

Whole bills rose about 64% to Rs 210.3 crore from Rs 128.3 crore. Different bills, which cowl most working prices, practically doubled to Rs 140 crore from Rs 72.9 crore. Depreciation and amortisation virtually doubled to Rs 24.5 crore from Rs 12.4 crore, whereas worker profit bills rose to Rs 44.7 crore from Rs 41.7 crore.

In its investor presentation, BlackBuck stated the rise in prices was primarily pushed by robust progress in buyer acquisition throughout its core classes and by investments in Superloads, its freight-matching enterprise.

Because of this, revenue earlier than tax rose solely about 10% to Rs 42.8 crore from Rs 38.9 crore. The larger bounce in internet revenue got here from tax: complete tax expense fell to Rs 1.4 crore from Rs 9.7 crore a yr earlier, as deferred tax swung to a credit score of about Rs 1.2 crore from a cost of about Rs 5.9 crore.

On a sequential foundation, internet revenue slipped about 2% from Rs 42.2 crore within the June quarter.

EBITDA, as outlined by the corporate, rose 39% to Rs 50.6 crore from Rs 36.5 crore. Adjusted EBITDA, which additionally excludes worker inventory possibility prices, grew 29% to Rs 55 crore.

“Core companies continued to ship constant profitability and working money flows; working leverage continues to pattern near 50% regardless of upfront investments in robust buyer acquisition,” the corporate stated.

Core and progress companies

BlackBuck splits its income into core companies and progress companies. The core section, made up of funds and telematics, which incorporates FASTag toll funds and automobile monitoring, grew 31% to Rs 161.4 crore from Rs 123.4 crore.

Gross transaction worth on tolling rose 17% year-on-year to Rs 7,070 crore, in opposition to Rs 7,045 crore within the June quarter. The variety of tolling transactions rose 12% to 17.41 crore. The corporate stated it noticed a big uptick in FASTags issued by its personal pay as you go fee instrument subsidiary.

The expansion companies, which embrace Superloads and automobile financing, grew 166% to Rs 73.9 crore from Rs 27.8 crore. They now make up about 31% of working income, up from about 18% a yr earlier.

Lending nonetheless loss-making

BlackBuck’s lending arm, BlackBuck Finserve, a non-banking monetary firm that primarily offers loans for purchasing industrial autos, stays small. Phase income rose to Rs 3.4 crore from Rs 2.8 crore, however the section loss widened to Rs 1.7 crore from Rs 77.5 lakh a yr earlier.

On the platform, common month-to-month transacting truck operators rose 13% to eight.95 lakh. Customers taking no less than two providers rose 19% to 4.77 lakh. Common day by day time spent on the app by transacting clients dipped about 3% to 41.8 minutes.

For the primary half of FY27, income from operations grew 49% to Rs 439.5 crore from Rs 294.8 crore, and internet revenue rose 33% to Rs 83.6 crore from Rs 62.9 crore. Pre-tax revenue for the half was virtually flat at Rs 84.9 crore.

Board selections

Alongside the outcomes, the board authorized a company assure of Rs 40 crore in favour of Axis Financial institution for a time period mortgage taken by BlackBuck Finserve. It additionally modified the designation of Abhishek Singh to CBO and authorized inventory choices equal to 34,399 fairness shares for workers.

The corporate additionally disclosed that it arrange a completely owned subsidiary, BlackBuck Transport Companies Non-public Restricted, on 24 September. On 12 October, it transferred its Masses enterprise to the brand new subsidiary by way of a hunch sale, with consideration primarily based on the web asset worth of the enterprise on the deadline.

As of 30 September, BlackBuck held Rs 99.8 crore in money and money equivalents and one other Rs 926 crore in different financial institution balances on a consolidated foundation.

Based in 2015 and earlier referred to as Zinka Logistics Options, the corporate modified its identify to BlackBuck Restricted in August 2025. It presents truck operators toll and gasoline funds, telematics, a freight market and automobile financing.

It went public in November 2024 with an IPO of Rs 1,114.72 crore, which included a contemporary problem of Rs 550 crore and a suggestion on the market of Rs 564.72 crore. In FY26, it reported income from operations of Rs 652 crore and a internet revenue of Rs 160.3 crore.